News with the tag "Brazilian"

Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable.

The Brazilian Senate scheduled a meeting to discuss the future and possibilities of crypto markets in 2025. The meeting will debate the opportunities and challenges that the adoption of these presents for the Brazilian state. Multi-Partisan Group Proposed to Discuss Crypto in the Brazilian Senate Ne...

Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask.

Luis Stuhlberger, a legendary Brazilian hedge fund pioneer, disclosed that Verde, the firm he leads, built a bitcoin position before Trump’s victory. The firm remarked that President Trump’s intentions should be taken seriously, including his cryptocurrency-linked proposals. Luis Stuhlberger’s Brazi...

Brazilian Hedge Fund Verde Asset Management Buys Bitcoin Ahead of U.S. Election Verde Asset Management, one of Brazil’s largest hedge funds, has revealed that it purchased Bitcoin (BTC) in anticipation of the U.S. presidential election. In a Nov. 11 note cited by Bloomberg, Verde disclosed the inves...

The Central Bank of Brazil has officially opened its doors to participants for the Drex Project for its CBDC The post Brazil’s Central Bank Digital Currency Unveils Drex Project appeared first on TheCoinrise.com .

The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits, agricultural bonds, and foreign trade platforms. Brazilian Central...

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most last year, Brazilian giants team to launch a real-pegged stablecoin, and Littio lev...

Brazil’s Supreme Court Lifts Ban on Social Media Platform X After Meeting Court Demands In a landmark decision, the Brazilian Supreme Court has authorized the reinstatement of the social media platform X, ending its nationwide suspension that lasted over a month. Reported by AP News, this ruling com...

Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be ...